Announced
Completed
Financials
Tags
Acquisition
Private
United States
baseball team
Recreational Services
Completed
Friendly
Single Bidder
Minority
Domestic
Synopsis
Freedom Mortgage, a full-service mortgage lender, completed the acquisition of a minority stake in the Philadephia Phillies, an American professional baseball team. Financial terms were not disclosed. “I’m delighted to be joining such a wonderful organization. It truly is a dream come true. Having grown up in Philadelphia, and spending my childhood as a huge Phillies fan, I feel truly blessed to have such an amazing opportunity in my lifetime. My family and I hope we can be a small part in the continuing success of this world-class sports organization,” Stanley C Middleman, Freedom Mortgage Founder, President & CEO.
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